In regards to the current projects underway at developer Dotemu, the list continues to grow in recent months. Firstly, the team is in collaboration with Tribute Games to deliver Teenage Mutant Ninja Turtles: Shredder’s Revenge. The game is to be a successor to previous cabinet releases of the now-owned Nickelodeon franchise. The game is currently listed for PC & Nintendo Switch.
Additionally, published title Metal Slug Tactics was recently featured during the Wednesday-held Nintendo Indie World Showcase. But, Wednesday also commenced the open beta for Windjammers 2. While the game still has no listed release date, the playtest is available now until next weekend for PlayStation 4 & PlayStation 5.
This week, publisher Focus Home Interactive announced to be acquiring Paris-based Dotemu. The purchase is said to consist of €38.5 million (77.5 percent company share) and continued with €15 million conditional payment.
The arrival of Dotemu marks a key step in the acceleration of the Group’s growth and in the diversification of its expertise. By enriching our editorial line, we are opening up a new revenue stream and new market shares to conquer in a fast-growing sector.
We are delighted to welcome to the Focus Group talents such as Cyrille Imbert and his teams, who have succeeded in making games attractive and giving them new life for millions of players around the world. This transaction is a good example of our desire to bring together talents through a long-term partnership with Cyrille, who will remain President and shareholder Dotemu and become a member of the Group’s Executive Committee and future shareholder of Focus Home Interactive.Christophe Nobileau, Focus Home Interactive CEO
“Joining the Focus Home Interactive Group was an obvious choice for Dotemu,” Cyrille Imbert, Dotemu CEO shares. We share the same passion for video games, the same desire to improve, as well as the same values of respect and benevolence towards our partners and teams. While continuing its activities, this new collaboration will allow Dotemu to benefit from the incontestable expertise of Focus Home Interactive’s teams for the production of AA titles and therefore launch the production of future remakes or sequels on licenses of first-generation consoles.
“While retaining the editorial and strategic independence that has made it successful, Dotemu will be able to give even greater ambition to its projects and give itself the means to broaden the range of services offered to studios, in order to guarantee the success of their productions on the retro label as well as on the publishing label The Arcade Crew.
“Therefore, Dotemu is ideally positioned to achieve its ambitious growth plan to triple its tumover in the medium term. My mission will also be to share Dotemu’s expertise with Focus Home Interactive’s teams, to select and convince talented teams to join the Group in order to build, together, a key player in the video game industry on a global scale.”
Are you surprised by the recent acquisition announcement?
Source: Focus Home Interactive